On the surface, it was supposed to be a positive week. However, the reality is quite different and painful as BTC just plummeted to a six-month low and there\u2019s no bottom in sight, at least for now.<\/p>\n
But let\u2019s rewind to the end of the previous week, when BTC had just dipped below the crucial $100,000 line but had managed to defend it. In fact, it recovered to around $102,000 during the weekend and jumped to $104,000 on Sunday afternoon and $107,000 on Monday after US President Trump promised $2,000 tariff checks to non-high-income Americans and hinted that the longest government shutdown would come to an end soon.<\/p>\n
That relief rally was short-lived, and BTC quickly dropped by several grand. Its next bounce came on Thursday morning when the government reopening became official<\/a> after the POTUS signed the necessary papers. BTC peaked at $104,000, but that resistance turned out to be too strong once again.<\/p>\n The subsequent rejection<\/a> was a lot more violent than the previous ones. Not only did bitcoin dump below $100,000, but it kept plunging on Friday to its lowest levels since May at $94,500 (as of now). This meant that the asset has lost more than $12,000 since the Monday peak of $107,000.<\/p>\n The overall mood is bearish, with analysts declaring<\/a> the end of the bull market and the subsequent beginning of a more profound bear cycle. The weekly losses for BTC stand at almost 5%, for ETH are more than 4%, while SOL is down by over 10%. Interestingly, LTC, XMR, WLFI, and UNI are well in the green, and so is XRP from the larger caps.<\/p>\n <\/a><\/p>\n Market Cap: $3.3T | 24H Vol: $280B | BTC Dominance: 57.4%<\/p>\n BTC: $94,700 (-4.8%) | ETH: $3,074 (-4.2%) | XRP: $2.26 (+4.4%)<\/p>\n Bitcoin\u2019s (BTC) Famous 4-Year Cycle May Finally Be Crumbling<\/strong>. Amid the ongoing calamity and the different state of the bull market that started last year, crypto analysts are adamant<\/a> that the typical 4-year cycle is over and there\u2019s a new, more sophisticated and mature phase for BTC.<\/p>\n Canary\u2019s XRP ETF (XRPC) Launch Successful: Here\u2019s What Happened on Day 1<\/strong>. After numerous delays and uncertainty, the first spot XRP ETF with 100% exposure to Ripple\u2019s asset finally went live for trading on Thursday after the last hurdle was bypassed<\/a> by the Nasdaq\u2019s official listing notice on Wednesday. Canary\u2019s XRPC broke<\/a> the previous SOL record for the launch day.<\/p>\n Bitcoin Whales and Miners Are Moving Massive Sums: What Does This Mean for BTC\u2019s Price?\u00a0<\/strong>One of the first warning signs this week came after reports emerged<\/a> that BTC whales and miners had moved large portions of the asset to exchanges, with the likely intention to sell. Such transfers are typically followed by market crashes.<\/p>\n BTC \u2018Miner Heartbeat\u2019 Metric Shows Bitcoin Network Still Strong<\/strong>. With prices falling, investors capitulating, and sentiment\u00a0souring, on-chain data\u00a0indicate<\/a> that Bitcoin\u2019s network fundamentals remain as strong as they were during the summer rally, as evidenced<\/span>\u00a0by the \u201cHash Rate Momentum Score.\u201d<\/p>\n IRS Introduces Safe Harbor Allowing Tax-Free Staking for Crypto ETPs<\/strong>. The US Treasury and IRS outlined<\/a> a new safe harbor that will allow crypto ETFs to stake digital assets without paying extra tax.<\/p>\n UNI Token Soars 35% Following Fee Switch Proposal<\/strong>. UNI\u2019s market-wide correction defiance and double-digit weekly surge were primarily prompted by the announcement from Uniswap\u2019s founder, Hayden Adams, stating<\/a> that the exchange will introduce a sweeping governance proposal, which introduced a long-anticipated fee switch that would redirect a portion of trading fees toward burning UNI tokens.<\/p>\n This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\n The post Bitcoin Loses $100K Level, XRP ETF Goes Live, U.S. Government Reopens: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" On the surface, it was supposed to be a positive week. However, the reality is quite different and painful as BTC just plummeted to a six-month low and there\u2019s no bottom in sight, at least for now. But let\u2019s rewind to the end of the previous week, when BTC had just dipped below the crucial […]<\/p>\n","protected":false},"author":0,"featured_media":113173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-113172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113172"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113172"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/113173"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Data<\/h2>\n
This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n
Charts<\/h2>\n
![<\/a><\/p>\nMarket Cap: $3.3T | 24H Vol: $280B | BTC Dominance: 57.4%<\/p>\nBTC: $94,700 (-4.8%) | ETH: $3,074 (-4.2%) | XRP: $2.26 (+4.4%)<\/p>\nThis Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\nBitcoin\u2019s (BTC) Famous 4-Year Cycle May Finally Be Crumbling<\/strong>. Amid the ongoing calamity and the different state of the bull market that started last year, crypto analysts are adamant<\/a> that the typical 4-year cycle is over and there\u2019s a new, more sophisticated and mature phase for BTC.<\/p>\nCanary\u2019s XRP ETF (XRPC) Launch Successful: Here\u2019s What Happened on Day 1<\/strong>. After numerous delays and uncertainty, the first spot XRP ETF with 100% exposure to Ripple\u2019s asset finally went live for trading on Thursday after the last hurdle was bypassed<\/a> by the Nasdaq\u2019s official listing notice on Wednesday. Canary\u2019s XRPC broke<\/a> the previous SOL record for the launch day.<\/p>\nBitcoin Whales and Miners Are Moving Massive Sums: What Does This Mean for BTC\u2019s Price?\u00a0<\/strong>One of the first warning signs this week came after reports emerged<\/a> that BTC whales and miners had moved large portions of the asset to exchanges, with the likely intention to sell. Such transfers are typically followed by market crashes.<\/p>\nBTC \u2018Miner Heartbeat\u2019 Metric Shows Bitcoin Network Still Strong<\/strong>. With prices falling, investors capitulating, and sentiment\u00a0souring, on-chain data\u00a0indicate<\/a> that Bitcoin\u2019s network fundamentals remain as strong as they were during the summer rally, as evidenced<\/span>\u00a0by the \u201cHash Rate Momentum Score.\u201d<\/p>\nIRS Introduces Safe Harbor Allowing Tax-Free Staking for Crypto ETPs<\/strong>. The US Treasury and IRS outlined<\/a> a new safe harbor that will allow crypto ETFs to stake digital assets without paying extra tax.<\/p>\nUNI Token Soars 35% Following Fee Switch Proposal<\/strong>. UNI\u2019s market-wide correction defiance and double-digit weekly surge were primarily prompted by the announcement from Uniswap\u2019s founder, Hayden Adams, stating<\/a> that the exchange will introduce a sweeping governance proposal, which introduced a long-anticipated fee switch that would redirect a portion of trading fees toward burning UNI tokens.<\/p>\nCharts<\/h2>\nThis week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\nThe post Bitcoin Loses $100K Level, XRP ETF Goes Live, U.S. Government Reopens: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"On the surface, it was supposed to be a positive week. However, the reality is quite different and painful as BTC just plummeted to a six-month low and there\u2019s no bottom in sight, at least for now. But let\u2019s rewind to the end of the previous week, when BTC had just dipped below the crucial […]<\/p>\n","protected":false},"author":0,"featured_media":113173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-113172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113172"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113172"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/113173"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-14-153748.png\"){kind=link}